M&A activity is not expected to return, with the region’s MROs instead pursuing partnership models to strengthen their market positions while they await a full recovery of the commercial aftermarket.
European business aviation operators are hopeful that the planned opening of U.S. borders for European travelers in November will lead to an increase in activity.
As the aerospace industry scrambles to meet new, aggressive sustainability targets, the business aviation sector is challenged by having far fewer go-to lower-emission options than virtually any other arena of civil aviation, particularly in propulsion.